What I see about bitcoin is its gonna bounce between 100-110k to 80-90k for a long time (at least until Trump takes over). I have an option to take a 2.8k $ loan from a bank and pay 3.4k $ in 8 months. (I'm gonna start paying it after 2 months so you may assume its 6 months). Should I get that loan and make 3x - 5x margin trades on Bitcoin with this strategy? I really appreciate your help. Take Care.
OP, where do you believe would be your mental state today after seeing the sort of price movement Bitcoin has been doing?
¯\_(ツ)_/¯
You'll be paying interest + the principal for your loan, paying for funding for your margin traders, AND your ROI is NOT 100% assured. You're literally "gambling" with that loan.